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Despite a year filled with talk of trade wars and tariffs, and uncertainty around international trade agreements, the increase of globalization means that cross-border trade and payments are more important than ever before.
Whether it’s video game consoles coming to Washington or precious stones to New York, imports (and exports as well) are a vital part of local economies. Many U.S. companies both big and small rely heavily on imported goods and materials to conduct business; where would Apple be without a steady supply of computer parts and accessories coming in?
So despite whatever geopolitical trends are happening at any given moment, business as usual must continue to go on, and indeed it is vital to local economies that it
Read full article » http://www.paymentssource.com/opinion/dont-let-the-trade-war-divert-attention-from-payments-innovation
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